This is true when your vehicle is given to a disadvantaged family that will benefit greatly. Many people can be down on their luck for a number of reasons, you can feel good about giving someone a head start when they want to change their lives for the better.
Start by creating a marketing plan of sorts. You need some kind of promotional information to distribute so that people know what your charity is all about. People are more likely to give to charities that are close to their heart in some way. Make it personal by giving details and describing the mission and beliefs of the charity. Before anyone can help you out and give donations, they need to know who you are, what you do and how they can help make a difference.
Donate directly. You can do the most good by donating your car directly to a charity, avoiding a middleman. When working through a middleman, he’ll take a significant chunk of the proceeds from the sale and pass the rest on to the charity. By working directly with charities that accept donations, you can maximize the benefit they receive from your donation.
If your vehicle is worth $5,000 or more you must obtain a professional appraisal of the vehicle. Do not try to pass your car off for more than it is worth.
This way too, you get to avail of the tax benefit. The amount at which your used car sells determines the amount of tax deduction. What you get is a document that acknowledges the deal which is then attached to your income tax form.
Others cleared sewage, repaired power outages, provided temporary shelters, food, water and medical assistance. And true to the saying “charity begins at home”; many of these services began and ended at the funeral home. Mother Teresa of Calcutta once stated “Charity to be fruitful must cost us. To love it is necessary to give: to give it is necessary to be free from selfishness”. And free from selfishness is exactly how more than 25 funeral directors acted when “Hurricane Sandy” came crashing down on our beaches, shores and homes.
The basic spirit behind the charity in religion is that man must share what God has given to him. Thus charity is also a means of giving justice to the fellow human beings and to serve God as all people are the children of God.
The last thing that we can say that may help you is to record all figures from the car being donated date, mileage and other figures that prove the valuation is an accurate one. Take photographs of the interior and exterior of the rims tires.
Just because there are monetary benefits to be gained out of car donations does not make it a selfish act. You may be entitled to cash and cash equivalent benefits from your car donation. Car donation is one of the most practical means of getting rid of unwanted property. Even if your vehicle is in non-running condition giving it up to a charity is far better than sending it to the dumps.
Charity work itself is not tax deductible. That is time that you are volunteering. However, any money or donations you make is tax deductible. If you take clothing to Goodwill or the Salvation Army you can get a receipt for the value of your clothes and then deduct that amount off your taxes.
